South Dakota Statutes

§ 58-6-16 — Use of name deceptively similar to name of foreign insurer prohibited.

South Dakota § 58-6-16
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-5CAUTHORITY TO TRANSACT INSURANCE IN STATE

This text of South Dakota § 58-6-16 (Use of name deceptively similar to name of foreign insurer prohibited.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
S.D. Codified Laws § 58-6-16 (2026).

Text

No insurer shall hereafter be formed or newly authorized to transact insurance in this state which has or uses a name the same as or deceptively similar to the name of any foreign insurer doing business elsewhere than in this state if such foreign insurer has within the last preceding twelve months signified its intention to secure incorporation in this state under such name, or do business as a foreign insurer in this state under such name by filing notice of such intention with the director unless the written consent to the use of such name or deceptively similar name has been given by such foreign insurer.

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Legislative History

SL 1966, ch 111, ch 3, § 8 (3).

Nearby Sections

15
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Bluebook (online)
South Dakota § 58-6-16, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-6-16.